Question: if a coupon bond has two years to maturity a...
If a coupon bond has two years to maturity, a coupon rate of 8%, a par value of $800, and a yield to maturity of 12%, then the coupon bond will sell for $ (Round your response to the nearest two decimal place)
The price of a bond and its yield to maturity are Positively related, negitively related, or unrelated.
which of the following statements is not true?
A. The longer to maturity, the greater is the change in the price of a bond from the same size change in the interest rate.
B. Current yield is a better approximation of yield to maturity for long- term bonds when compared to short.
C. Bond prices vary proptionately with the interest rate for both coupon bonds and discount bonds
D. The coupon rate on a coupon bond is fixed once the bond is issued.